Home
•
Compensation Trends

Compensation trends: Modern perspectives on pay

Our latest insights on compensation management, data trends, best practices, new research, and tools.

Topics
Search
Text
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
header_cola2_main-1
Blog
December 31, 2015

It Is Time to Pour Your COLA Down the Drain

Rita Patterson, Onboarding Manager, PayScale

Benchmarking
Compensation Strategy
Pay Transparency
Salary Data
header_elves_main
Blog
December 24, 2015

How To Benchmark an Elf's Job

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/b2b/header_elves_main.png" alt="Header_Elves_Main" />PayScale's Mykkah Herner, MA, CCP, Modern Compensation Evangelist and Paige Hanley, CCP, Compensation Professional</p><p>It’s that time of year and all of Santa’s Elves have been working overtime. As with many folks who work overtime, that means many of them have felt overworked and underappreciated. Despite their holiday cheer, many of them have walked into Santa’s office in the past week, asking for a raise. Busy himself, Santa turned to PayScale to determine the best way to handle his elf compensation.

Benchmarking
Compensation Strategy
Labor Market
Pay Transparency
Salary Data
header_elves_main|elf-benchmark.png|header_elves_main.png|elf-benchmark.png|fps__mg_2793_ps.jpg|paige.png|fps__mg_2793_ps.jpg|paige.png
Blog
December 24, 2015

How To Benchmark an Elf's Job

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/b2b/header_elves_main.png" alt="Header_Elves_Main" />PayScale's Mykkah Herner, MA, CCP, Modern Compensation Evangelist and Paige Hanley, CCP, Compensation Professional</p><p>It’s that time of year and all of Santa’s Elves have been working overtime. As with many folks who work overtime, that means many of them have felt overworked and underappreciated. Despite their holiday cheer, many of them have walked into Santa’s office in the past week, asking for a raise. Busy himself, Santa turned to PayScale to determine the best way to handle his elf compensation.

Benchmarking
Compensation Strategy
Labor Market
Pay Transparency
Salary Data
header_myth3_main
Blog
December 22, 2015

Myth Buster: Talking About Pay Could Incite an Employee Riot

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/b2b/header_myth3_main.png" alt="Header_Myth3_Main" /><p>PayScale</p><br>If you aren’t talking with employees about pay, chances are they are talking to one another—creating their own story of your compensation philosophy. Not a good thing. PayScale surveyed more than 71,000 employees to study the relationship between pay and transparency.

Benchmarking
Compensation Strategy
Labor Market
Pay Equity
Pay Transparency
header_myth2_main
Blog
December 18, 2015

Myth Buster: People Don't Leave Their Jobs Because of Pay

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/b2b/header_myth2_main.png" alt="Header_Myth2_Main" />PayScale</p>Busted! In 2015, the number one reason most people left companies was compensation. The majority of respondents to the <a href="https://www.payscale.com/cbpr" title=" class=" target=" rel="noopener">PayScale Compensation Best Practices Report</a> cited “seeking higher pay elsewhere” as the primary reason for leaving a company. Moral of the story? Money CAN buy you love.

Benchmarking
Compensation Strategy
Pay Transparency
Salary Data
header_cbpr2015_main
Blog
December 8, 2015

Top 5 Insights from Last Year’s CBPR (plus take the new survey!)

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/b2b/header_cbpr2015_main.png" alt="header_CBPR2015_Main" />Jade Makana, Director of Content Marketing, B2B<p>For those who don’t know, every year PayScale produces the <b>Compensation Best Practices Report</b>. This report is based on a survey administered to 100,000 human resources professionals and business executives, asking them their point of view on the biggest topics in human resources and compensation: everything from minimum wage and managing millennials, to recommending your favorite HRIS and payroll software. Last year, we got over 5,000 responses.</p>

Benchmarking
Compensation Planning
Compensation Strategy
Labor Market
Pay Equity
header_risinghealthcare_main-1
Blog
December 4, 2015

‘Tis the Season for Rising Health Care Costs – Managing Total Compensation Changes

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/b2b/header_risinghealthcare_main.png" alt="Header_RisingHealthCare_Main" /><a href="http://www.hr-writer.com/" title=" target=" rel="noopener">Tess C. Taylor, PHR, SHRM-CP, PayScale Senior Blogger</a><br><br>While everyone is out doing their holiday shopping and headed for parties, there’s an undercurrent of change coming that will affect nearly every American in 2016. <a href="https://www.payscale.com/compensation-trends/wages-are-up-but-some-employers-are-not-thrilled" title=" class=" target=" rel="noopener">Wages are up</a> according to the most recent <a href="https://www.payscale.com/payscale-index/" title=" class=" target=" rel="noopener">PayScale Wage Index</a> findings, but these wages are going to have to be stretched even further because of rising health care costs. How will employers manage their total compensation strategy for the coming year in order to remain competitive?

Benchmarking
Compensation Strategy
Pay Transparency
Salary Data
Total Rewards
header_friends_main|header_friends_main.png
Blog
November 13, 2015

I’ll Be There for You: What “Friends” Taught Us About Salary Negotiations

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/Blogs/header_friends_main.png" alt="Header_Friends_Main" /><b><a href="https://www.linkedin.com/in/joleenoerman">Joleen Oerman, B2B Content Marketing Specialist, PayScale</a></b><p><span style="line-height: 1.5">We’ve ‘been on a break’ from the popular television show Friends for eleven years, but the cast’s high salary and equal pay for equal work demand is relevant today. When our favorite friends walked out of Central Perk and into the network’s offices in 2002, their demand for higher pay for all was as unheard of as moving from New York to Yemen. The demand turned heads in the entertainment industry. The unswayable six, huddled together as they did before every show and played hardball with the network. They were irreplaceable, so their demand was undeniable.

Compensation Strategy
Pay Equity
header_comp101_main-1
Blog
November 10, 2015

PayScale's Compensation Glossary: Part 4 of 4

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/Blogs/header_comp101_main.png" alt="Header_Comp101_Main" /> <b>Jenni Marquez, CCP, PayScale Compensation Professional</b><br>Let’s review. So far, we’ve given you the cliff notes for Comp 101, Market Pricing, and Pay Structures. Today we bring you (drum-roll please), your final exam! Just kidding. There is no test, but we do have our final list of terms for you. For our 4th and final lesson, we present: Pay Concerns and Pay Raises.

Benchmarking
Compensation Strategy
Pay Transparency
Salary Data
header_comp101_main-1|header_comp101_main.png|jenni-marquez_img_1953-grd-2-.jpg|jenni-marquez_img_1953-grd-2-.jpg
Blog
November 10, 2015

PayScale's Compensation Glossary: Part 4 of 4

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/Blogs/header_comp101_main.png" alt="Header_Comp101_Main" /> <b>Jenni Marquez, CCP, PayScale Compensation Professional</b><br>Let’s review. So far, we’ve given you the cliff notes for Comp 101, Market Pricing, and Pay Structures. Today we bring you (drum-roll please), your final exam! Just kidding. There is no test, but we do have our final list of terms for you. For our 4th and final lesson, we present: Pay Concerns and Pay Raises.

Benchmarking
Compensation Strategy
Pay Transparency
Salary Data
header_comp101_main-1-2
Blog
November 3, 2015

PayScale`s Compensation Glossary: Part 3 of 4

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/Blogs/header_comp101_main.png" alt="Header_Comp101_Main" /> <strong>Jenni Marquez, CCP, PayScale Compensation Professional</strong></p><p>Wow! Can you believe it that we’re half way through our 4-Part Comp Glossary bringing you closer to ‘comp’lete mastery of the compensation language?! In part 3, we bring to you: Pay Structures.

Benchmarking
Compensation Strategy
Pay Transparency
Salary Data
header_comp101_main-1-2|header_comp101_main.png|jenni-marquez_img_1953-grd-2-.jpg|jenni-marquez_img_1953-grd-2-.jpg
Blog
November 3, 2015

PayScale`s Compensation Glossary: Part 3 of 4

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/Blogs/header_comp101_main.png" alt="Header_Comp101_Main" /> <strong>Jenni Marquez, CCP, PayScale Compensation Professional</strong></p><p>Wow! Can you believe it that we’re half way through our 4-Part Comp Glossary bringing you closer to ‘comp’lete mastery of the compensation language?! In part 3, we bring to you: Pay Structures.

Benchmarking
Compensation Strategy
Pay Transparency
Salary Data